The pair Uniswap/Tether (UNI/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 3.632 is likely expected.
Caution: A possible counter-trend in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 3.739 |
| Next High | 3.632 |
| Current Price | 3.570000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.632 – 3.588 – 3.739 – 3.424 – 3.397 – 3.378 —
3.596000000 – 3.554000000 —
53.526787067867 – 46.50320300212 —
– —
3.632 – 1771286400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –